XRP Chart Ignored Just Flashed Same Signal Seen before Last 600% Rally

Crypto analyst Ripple Bull Winkle has drawn attention to a technical development on the XRP/USD chart that he believes mirrors a setup observed before the asset’s last major rally.

In a recent video, he noted that XRP appears to be forming a double-bottom reversal pattern, a structure often viewed as a potential indicator of a trend reversal. According to him, the formation is taking shape around the 0.240 accumulation zone—an area he described as historically significant in XRP’s price behavior.

Winkle explained that this region has previously marked the start of major upward movements for XRP, noting that previous touches at that level were accompanied by substantial buying volume. He suggested that current market activity could lead to another breakout if momentum continues to build, potentially pushing XRP toward the $3 range.

Technical Indicators and Market Confidence

The analyst emphasized that the current setup extends beyond technical patterns, framing it as a reflection of growing confidence in XRP despite broader market uncertainty. He pointed out that while many digital assets have struggled to maintain stability, XRP has shown resilience on higher timeframes.

Winkle stated that weekly chart movements suggest consistent accumulation by large holders, describing it as evidence that “someone knows what’s coming.”

He connected this renewed confidence to the recent rebranding of Ripple’s institutional platform, previously known as “Hit and Row,” now introduced as Ripple Prime.

The analyst characterized this development as part of Ripple’s broader strategy to strengthen its institutional liquidity solutions. He indicated that such structural advancements could coincide with increased on-chain accumulation, creating favorable conditions for a price recovery.

While Winkle’s analysis has drawn attention from members of the XRP community, not everyone shares the same degree of optimism. One user, Denis Samkov, commented that the chart setup appeared promising but stressed the importance of maintaining realistic expectations, reminding others that historical patterns do not guarantee future performance.

Such caution reflects a broader sentiment among experienced traders who recognize that even when historical patterns align, macroeconomic factors and regulatory developments often determine the pace and scale of digital asset movements.

A Potentially Defining Period for XRP

As XRP continues to trade within a narrow range while showing relative strength compared to other major cryptocurrencies, the pattern identified by Winkle adds a technical dimension to the ongoing discussion surrounding the asset’s future trajectory.

Whether this setup evolves into a sustained upward movement or another short-term reaction remains uncertain. However, the alignment of technical and institutional factors has positioned XRP as one of the more closely watched assets in the current market cycle.